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Northam, North Devon

South West

£765,000
Listed on 10/05/2026

Property Details

Bedrooms
5
Type
Character Property
Area
2433 sqft

Description

Nestled in a secluded area, this substantial period property offers remarkable investment potential within the charming North Devon landscape. Originally built around 1860 and part of a historic estate, this home features a harmonious mix of classic architecture and modern conveniences. With generous living spaces, the layout is versatile, making it suitable for large families or even dual occupancy arrangements. The extensive gardens cover nearly half an acre and present opportunities for enhancement or reconfiguration, subject to obtaining the necessary permissions. Additionally, the quadruple garage/workshop provides significant scope for conversion into a home office or guest accommodation, maximizing its utility and value. Upon entry, you are welcomed by a spacious hall leading to various reception areas including a cozy sitting room with a fireplace and access to the rear terrace. The open-plan kitchen/diner is modern and well-equipped, featuring high-end appliances and bi-fold doors that open into a sun-drenched conservatory overlooking the gardens. The first floor accommodates multiple double bedrooms with ensuite options, supporting flexible living arrangements. In terms of outdoor space, mature gardens offer privacy along with productive areas such as raised vegetable beds. Given its proximity to picturesque coastal scenery and local amenities in Northam village, this property combines lifestyle appeal with significant renovation potential—ideal for buyers looking to personalize their living environment while capitalizing on future value growth.

Investment Analysis

(EX39 area)

Above Market Value

This property is priced +2.4% above area average per sq ft

+2.4%
This Property
£314/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£821,624
10% above area average per sq ft
Potential ROI
-7.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -10.1% over the last 12 months
3 year growth: -18.1%
5 year growth: +3.7%
Investment Disclaimer: Analysis based on EX39 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Northam, North Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,729
Based on a loan of £573,750 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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